Overall unemployment rate moved down to 2.1% with the biggest shift in Restaurants & Hotels, which gained 200 roles, based on the most recently available information published in June 2022.
Total employment in the Sioux City, IA-NE-SD market declined by 7 jobs in April and the unemployment rate decreased compared to the prior month by 80 bps to 2.1%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Sioux City, IA-NE-SD unemployment rate is 124 bps below the national rate which is a positive sign.
- Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 11% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 18,500; -200
- Manufacturing: 17,300; +100
- Government: 10,600; +100
- Business Services: 8,500; +100
- Restaurants & Hotels: 8,000; +200
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.